"(PELLEY) Are all the big banks that you regulate solvent?
(BERNANKE) I believe they are, yes. But we are doing a– a– a stress test right now, where we’re looking at what the positions of the banks are under a tougher economic scenario than the one that we currently expect. And what we plan to do is to say how much capital would each bank need to be well capitalized. Not just solvent, but well capitalized, even in these more adverse scenarios.
(PELLEY) Are you committing in this interview, that you are not going to let any of these banks fail? That no matter what their balance sheet actually looks like, they are not going to fail?
(BERNANKE) They are not going to fail. But what we can do, should it be necessary, is– is try to wind it down in a safe way." Source
Ben Bernanke Interview (Pt. 2)
Robots Carry Cash at Federal Reserve!
Behind The Scenes
